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Announced

Completed

FPE Capital completed an investment in Global App Testing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Online and Social Platforms

Completed

software development

Minority

Domestic

Single Bidder

Private Equity

Friendly

Acquisition

application development

Private

Synopsis

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FPE Capital, a private equity firm, completed an investment in Global App Testing, a web and app testing platform to the software development community. Financial terms were not disclosed. “We could immediately see the value that Ronald and Owais had built and we developed a very positive chemistry with them as we discussed with them the next steps in supporting their continued growth. We are excited to be working with them on the next part of this journey," Llewellyn John, FPE Partner.

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